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Home My WebLink About0937 ~ ~ . • A ~ ~ • ~ ~ Char. Z1•5a-A . p i~~.~ Jr~..y ( JL ~ sTArr~ o~ ~LORin~ ~ . sT. Lucse COUNTY ' C~3A'Iv'1' `L MORTGAG~ WHEftEAg. 1~QberC S~ran „f SC. Iucie . County. Floride~ berein caited "Mortgrgor" ta indebted to Humble Oll ~ Reiinlag Companq, ~ bel~ware ; torpor~tion~ herefn callod "Mor#gagee"~ in tbe sum ai ~o '~ousand Dol'~ars ; t ~ Doliara ( 2~ 000. QQ for which Mortg*gee holda Mortgagor'e hots oi aven date herew[th, with interest ther±~on at the ' rate oi 8~ per ~nnum irom the date hereo! on the whole xmount of eaid prineipA1 aum remalniag unpaid from time to ~ time which intereat shall be due xnd payxhla eemt-snnually on the flret day oi January snd July o! each snd every yesr ; ~ includiag the current year~ untll satd principal eum ie pstsl in tull, except the iin~?1 installment of intereat ehall be due an~ pape~bla on the date the finnl principal inatallment Is due and payable. THE 3AID PRINCIPAL SUM ahali be paid in consecuttve insts~llment~~ as tollowa: ~ During the firat twelve (12) calender months followtng the dste of said nota at the mte of 1 Cent p~r ~ ~ Bt?Ilon of motor fuei deltvered to Maker bq P~yee; during the aucceeding twelva (12) calendar months ~t tha r~te of ~ u ~ cen[ per gallon o! motor fuel delivered to Maker by Payee; end therentter at the r~?te oi 1 Cettt j F pe r gallon of motor iuel delivered to Maker by P~qee until aaid principal aum is paid in full. 8aid pwymente to be patd by f Maker to Payee at th~e time Maker paya Payee for said motor fuel, pr9vtded that the iaatallment psqmenta sbove pro- ~ F~ vIded for shall not be lesa than ~ 125.00 ior each catender month After the date of eaid note. Should the inatall- ' ment paymenta as above provided ior noteq u~l the minimum monthly paymen. o! 2 the diiference e between the amount ao paid.~nd the sAtd miniraum monthly payment sbaU'be pstd on the 16tb dsy oi the ollowing month; f~ provided that the iina] paynien! of principsl and interest, i! not sooner patd, ahall be due snd pRyable on the 1 ~ day oi July , 198 6 _ 1 j And the Mortgagor for the better securtng the pt?yment of said debt or sum of money, accordIng to the tenor oi the ssid note~ ~nd sny and atl renewats thereol~ unto the eaid Mortgag~e, it~ aucceaaors and •ssigns~ together with inZereet thareon haa bsrgained and sold, and by these Presenta dces bargain and aell, snd in pl~in s~nd open merket dalIver unto the se~id Mortgagee the following peraonal pr~perty described in paragraph~ 2 and 2 as tollowa: • 1. All oi the petroleum producta, tirea, tubes, batteries, and acceasoriea and alt other mere}u~ndiae owned by Mor~ ~ ~sgor snd now situate in the ser~?ice atation conducted by Mortgagor in the city or town of Ft• p~erce 23Q4 S. Fqurth St. Strect, Florida; and ~Iso all other petroleum producte, tirea~ tubea, battertea and •ceesaoriea And other merchandise thst me?y heieafter by Mortgagor be placed in auch aervice statian at sny time while thie Mortgage ia in eitect; and . 2. Ail of the service atation equipment owned by Mortgagor and nuw eituate in the sforeaaid eervice atetion, ~ de~cribed as followa: 1 Coca Cola Dispensing Machiae, V225A,.305002848 (Serial No.) 1 Vulcan Comp.Guage See, 1 Victor Cash ltegister, Seria2 #1~74-120 TV-170 \ 1 Burrougha Add. Machine, J209, Serial #Jk-5351D~. 2 Hydraulic Truck Jacks 1 Atlas Iron Tireman, A-4A, Serial ~A4A-81S 1 S~eel Master File Cabine , 1 BennetC Lube~.Dispenser, Serial #11H3617 4 O.P.W. Automatic Nozzels 1 Balcrank High Pressure Lube, 754W, Serial #84679 . 1 Sovix Impak Air Wrench, Serial ~73422 - • , ' " - 1 Service Master Floor Jack ~ ' J~~'. 1~'illard Battery Charger, V35A, Serial ~4608 ' _ 1 He~n Werner Hydralic Jack, Serial #862091 - ~ ~ ~ ' • ' • 1 ' ~ ~ 1 Black ~ Decker Diac Sander, Serial ~26641.53 , . . _ 1 . ' ' ~ ~ - _ 1 Sov1x Flat Sander,~Serial ~4218 _ ; t ~ 1 Auto. ~ Elec,~ Equip. 'Tester, 40-603, Serial #BOR6678 - ~ - ~ ~ ` ~ 1 Auto. ~ Elec. Cam A=?gle TesCer, 40-600, Serial #BID7835 ' • ~~nd ~lao all other.service atation equipment that maq hereaiter by Mortgagor be pla~d in snch service statton ~t ~ny tinob while this Mortgnge is in eifect. ! TO HAVE AND TO HOLD the said peraonal property unto the said Mortgsgee, its succes~ors.and sssigaa foramr. BUT THIS CONYEYANCE IS MADE ON TAIS SPECIAL TRUST; that Mortg~gor may irom time to time aell ~ suid petroleum products, tires, tubes, batteries, accessoriea and other merehsndtae ~t rets~~i in the regular courae oi buei- nesa, but not otherwise~ iree trom the tien oi tbia mortgage, provided ~dortgagor~ shall a,t ~ll tlmea by purchasing additiona ! thereto, keep said stock of petroleum products, tires, tubea~ batteriea~ accesaoriea and other merchandiae in said eervtce atation of a value at least equel to ita p.resent value, and furniah the Mortgsgee with aa accurate inventory oi ~ll oi s~id ~ merchsndise on hand as herein described at least once in each 3 montha and st sil ~imes during bueiness houre allow ~ Mortgsgee to inspect all of said stock of inereHandise and the books oi aceonnt and record in said service station. ~ • And Mortgagor covenants to pay wiEhin the time required by law all r,~xes upon the pmperty covered by thia mort- . 3 gage, and to keep the same insured ~gainst losa by fire and theft in the aum o! ~Z ; OOO~DO j " .~cf~ wbich lic a~?sll be Do11Rrs in ~n inaurance company hsvin~ ~n sgency in s~{d counEy of $ , po y - mxde payable to Mortgugee as {ta intereat msy appe~r and deposited wiW ik ' PROVIDED. NEVERTHELESS; that if Mortgsgor ahall paq to Mortgsgee mll oi ae~id indebtedneaa eecured henb~r~ ~ ' wben due and shall do and pertorm all other things herein set iorth to be done and periormed by Mort~ssgor~ then this sale ~?nd conveyance ahall become void, but otherwise ahsll remain in tuli foree snd virtue; and, i ~ PROVIDED FURTH~R, that Mortgagor may retsin posseaaion oi the said property until deiRUlt is mxde in p~'- ! ment; but if any debt, or part oi any debt, interest cost~ attorneq'a fee~ cr feea, ineurance preraium or premiuma, or ot6ar ( debt or demsnd secured by thts ttsortgage, is not pa~d when due, according to thE true intent xnd meaning oi the note ~nd ; renewsls aforesaid, then it shall be lawful to and for said Mortgagee. its auccessors or assigns~ fmm tima to time" ~nd at ~ sll times hereafter, peaceAbly and quietly~ to enter into any or aii oi the premisea of the Moetgagoz or wherever t~e same f ~ mAy be fo~nd~ and take said personai property into Mortgagee's possession; and the same to sel~ ~t any County Seat ; Mortg~?gee may see fit in this State and at any time Mortga~ee may see iit. and on fiiteen days' notlc~ by advertisement, one or more times~ in any newapaper in the County in which the sale ia msde, or bq pwting on t~he Courthouse door in said County, and to apply the proteeds, after paying costs and expenses oi aeisure ~nd aale, includln~ ~ attorney`s fees, to the payment of said debt, with interest> Any surplus rematnfng shali be paid to the Mortgsgar. his, her, ita~ or their heirs, executors, administrator~~ successora or assigns. t ~ . - . ~ - ~ ~.Cl~ f~cE~3~'. ~p.~_. ~,:~,R,~~..,M.__________.~__ .